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Underbanked Millennials Make Less, Borrow Less

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ATLANTA--(BUSINESS WIRE)--Millennials (age cohort 18-33) are now the largest and most diverse generation in the U.S. population, and account for 33 percent of FactorTrust’s database of underbanked consumers. In an attempt to shed light on underbanked Millennials, FactorTrust, the leading provider of underbanked consumer data, analytics and risk scoring solutions, today released the FactorTrust Underbanked Index: Millennial Edition. Key findings from the index show that while Millennials are sli

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